The STARAMBA.Token is one of the payment methods for MATERIA.ONE* for purchases of premium content and virtual goods.
Due to our smart contract it is possible to directly split the amount of token into different shares. Especially licencees have a lot of work with royalty reportings. With the STARAMBA.Token these royalty reports do not have to be made anymore as the licensor gets the amount right away. In comparison to other payment methods, the STARAMBA.Token enables us to make the payment directly in the virtual worlds for performing the payment.
*At the moment it is only possible to purchase virtual goods and premium content for MATERIA.ONE when it has been bought on the Leondrino Exchange or during the ITO and the STTs are in the Leondrino Wallet.
How does our smart contract work?
Our smart contract makes every royalty report redundant.
A smart contract is a computer protocol which consist of the contractual data. So, when making a contract with a licensor there is at least one party which gets a revenue share. When having multiple contracts you can combine everything within the smart contract, like the platform you use to sell the products, licensor, affiliate, producer etc. With our solution, every payment made with our STARAMBA.Token automatically devides the amount of token in the previously defined shares - Every licensor, affiliate, seller, and other party gets a share for this transaction. The whole process runs automatically and nearly real-time. This way every party benefits from a more efficient process and reduced fees by cutting out expensive third-parties.
The STARAMBA.Token can already be traded on the first crypto exchange - DOBITrade.
After a successful ITO the STARAMBA.Tokens can now be traded on the first crypto exchange. Also further exchanges from America and Europe are in the planning and we announce them if they are fix. The trade on exchanges is for high-risk only and not meant for people who are interested in buying products for MATERIA.ONE yet.